Jan 31, 2013 5:00pm EST
innovation and entrepreneurship. each of us is committed to fostering the kind of environment that supports the private sector and which turns ideas into innovations, innovations into products, products into companies that help create good jobs. under current policy, one way we do that federally is by supporting research and development through the existing r&d tax credit. companies that invest in r&d generate new products which sparks new industries with spillover benefits for all kinds of sectors. that's why there's long been strong bipartisan support for the existing r&d tax credit. by all accounts, it's working. the r&d credit has helped tens of thousands of american companies succeed and create jobs. but there's a critical gap in the existing r&d credit. it isn't available to start-ups because they're not yet profitable. and, thus, they don't have an income tax liability against which to take a credit. in fact, more than half the r&d credit last year was taken by companies with revenue over a billion, well-established, profitable companies. there's nothing wrong with that. it's just no
Jan 28, 2013 11:00pm EST
of this. and economy, like china, you do have real domestic -- you have a very adverse environment and you still can maintain some growth. >> is very different. the issues that are applicable, there's a lot of room in focusing on this becomes fundamentally important now. in ordered see that it is a commodity market. it would be to use the proceeds for decoupling. i think we tend to be a dedicated militia. we have new words and we repeat them. and then we realize that what we need to understand right now is wider than africa's interest that we are well organized and we are not decoupled in the short-term. >> okay, moving on to be other issues, the question is that essentially the eurozone has no growth policy and relevant time horizons. the question is how to get through the next few years. it was talked about, and if i understood it, she more or less said it does take years to get back to normal and that's just what you'll have to live with. and there isn't really much that one can do about it. what would your response be on this issue in the relatively near term? >> yes, he was quoting a
Jan 25, 2013 12:00pm EST
environment in eastern libya and in benghazi and in a direct threat on our compound. we have work to do inside of the department and with our partners and of the dod and the intelligence community to constantly be taking that information and make sure it does get to the right people and it isn't somehow stovepipe or stalled but that it does rise to decision makers and i am committed to improving every way that i can with the arb told us to do on assessing our intelligence and i think it's fair to say, congressman, that we have to do this now because i predict that we are going to be as we saw in algeria seeing all kinds of asymmetric threats not just to the government is devotees that private sector facilities in to nisha although we protected our embassy and our school was badly damaged so we have to take a broad view and i think it is a start but it's not the whole story. >> mr. grayson from florida. 63 mr. chairman and secretary clinton for your contributions to securing america's place in the world for the past four years and for your contributions towards world peace. the first question i
Jan 28, 2013 12:00pm EST
the right environment is the most important. how we can create this environment today with this kind of unstability, we need political stability. we need peace. we have struggle between the palestinians and israelis and egypt. we have to talk about it and be very frank to see how we can get to the end of this. for this reason, yes, frankly speaking i'm not very optimistic about all today. if i ask anyone what you want me to talk to about, talk about democracy, freedom, transparency, governments, rulers. let us work for this and this is very important. >> let me ask --, let me ask someone who has worked with some of these institutions under the most ex-rd nary conditions. you have helped functioning institution in the west bank. you created an economy that created extraordinary growth over the last three years and you've done it under very adverse circumstances. so what would be your advice to people trying to build these institutions? >> thank you. honestly i continue to the effort help the institutions not just myself and to get ready for the emergence of fully independent and state
Jan 29, 2013 12:00pm EST
on the threat environment that the united states is in. for most of history we don't talk about this very much. we have maintained a strong military, not so that we can buy, so that we can not fight. it is a point i think that tom made which is important, it is i want to segue to fred, is to understand what it is that is involved in a military operation. fred has just finished a very important piece of work, i should a shorter longer, an interactive piece on the web that i know we be happy to share with folks that explains just what it is that we can do with particular numbers of troops we have as the president makes critical decisions about afghanistan but it's not just about warfighters and bureaucrats in d.c. fighting a war is a big logistical exercise. fred, do want to talk about that and some of those ceramic decisions? >> sure. if we become very accustomed to throwing numbers of troops around and people of gotten way too comfortable with pulling numbers out of the air and discussing them as though they were serious, and the effect of that is that very few americans i think actually under
Jan 25, 2013 5:00pm EST
with little impact on the global climate. in the tight budget environment with the so many competing american priorities, i would ask you to give considerable thought in to limiting significantly resources that would not help us as an economy or country, and not help us globally in perhaps the efforts you might be pursuing there. i dmont if you have specific thoughts? >> i do. i have a lot of specific thoughts. more than we have time for now. i'm not going abuse the privilege. ly say this to you, the solution to climate change is energy policy, and the opportunity of energy policy so vastly outweigh the downsides that you're expressing concern about, and i will spend a lot of time trying to persuade you and other colleagues in this. you want to do business and do it well in america? we've got get to the energy race. other countries are in it. i can tell you massachusetts that the fastest growing sector of our economy is clean energy and energy e fresh sei in -- efficiency in companies. they are growing faster than any other sector. the same is true in california. this is a job creator. i can'
Jan 31, 2013 12:00pm EST
that come with it. in this current economic environment, the last thing that we should be doing is making it more difficult for businesses to expand and hire more people. but because of the president's health care law, that is exactly what's happening. "the wall street journal" ran a piece about a small business owner called carl shanstra, who owns a parts assembly phak trier near chicago, illinois. it is called automation systems, lar l.c. sales have been growing, the business is going well, but he has a problem because he already employs close to 50 peevment well that meanses a getting dangerously close to the law's dangerous threshold and the new health care burdens that it would place on him, including all the expenses. as i puts it, "i'll be hammered for having more people at work. the cost of imroig providing insurance would be enormous much the cost of paying the ttach pen in the for national offering insurance would also be enormous. now, that's not a good option for a small business like automation systems, a small business that has an opportunity to expand and hire more people."